40, CARBIS AVENUE, GRIMSARGH, PRESTON, PR2 5LU - £457,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 CARBIS AVENUE is a large detached house of 170m², built sometime between 1996 and 2002, which could now be worth an estimated £503,564. It was last sold for £457,000 in August 2022, which was around 53% above the average August 2022 detached price in the Preston local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

40 CARBIS AVENUE Sold Prices

Land registry data shows two sales for 40 CARBIS AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 40 CARBIS AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 26 AUG	£457,000	£298,184	53% above HPI
2006 23 JUN	£359,995	£227,716	58% above HPI

40 CARBIS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 40 CARBIS AVENUE sales from June 2006 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2022 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 40 CARBIS AVENUE be worth now?

40 CARBIS AVENUE might now be worth an estimated £503,564.

This is based on house price inflation of 10.2%, between August 2022 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for 40 CARBIS AVENUE of £457,000 on 26th August 2022. For the value to have increased from £457,000 to £503,564 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 40 CARBIS AVENUE has moved in line with the HPI for detached houses in the Preston local authority area.
• The August 2022 sale price of £457,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CARBIS AVENUE has not materially changed since August 2022.

How Large is 40 CARBIS AVENUE?

40 CARBIS AVENUE is 170m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 40 CARBIS AVENUE lies on this distribution: 65% of detached houses houses are smaller than 40 CARBIS AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

40 CARBIS AVENUE: Plot and Title Map

40 CARBIS AVENUE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 40 CARBIS AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 CARBIS AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 CARBIS AVENUE?

40 CARBIS AVENUE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 40 on CARBIS AVENUE.